Kenya to sell Treasury bond worth 30 Billion shillings
Published on: September 11, 2015 09:19 (EAT)
Kenya will sell a one-year Treasury bond worth 30 billion shillings ($285.04 million) this month and its proceeds will go towards funding the government’s budget, the central bank said on Friday
The bank said in a statement it will receive bids for the bond between Sept. 11 and Sept 23, and will auction it on Sept. 24.
The bond will have a market-determined coupon rate, the bank said. ($1 = 105.2500 Kenyan shillings)
Want to send us a story? Submit on Wananchi Reporting on the Citizen Digital App or Send an email to wananchi@royalmedia.co.ke or Send an SMS to 25170 or WhatsApp on 0743570000
Comments
No comments yet.
Leave a Comment